(Part 1 of 2) In May 2007, Illinois State Treasurer State Treasurer Alexi Giannoulias stated that the state's "Cash Dash" abandoned asset program currently holds nearly $1.4 Billion in Illinois unclaimed money. (...)" />

July 13, 2010

Tracking Down Unclaimed Funds in IL – Part 1 of 2

(Part 1 of 2)

In May 2007, Illinois State Treasurer State Treasurer Alexi Giannoulias stated that the state's "Cash Dash" abandoned asset program currently holds nearly $1.4 Billion in Illinois unclaimed money. The only thing standing between the cash and its true owners is the knowledge that it's out there and the knowledge to locate it.

Sadly in addition to Illinois, state treasury departments across the United States keep on taking in more unclaimed property each year than they return to the rightful owners. Due to the fact that everyone believes in the old "if it's too good to be true" saying, most people refuse to believe that there are really tens of billions of dollars that can be claimed nationwide. Even for those few who have learned the truth about unclaimed assets, the best way to locate these monies eludes them in most cases.

The Prairie is State is one of just a few states that holds over 1 billion dollars on its own, and that means that if you're a resident of Illinois then you have even better odds of locating a claim in your name, especially after you factor in that the state has just under 13 million people and there are more than 10 million names on the state's Illinois database.

(to be continued)

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